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Daqin Railway Co (SHSE:601006) Cyclically Adjusted Price-to-FCF : 10.63 (As of Jun. 10, 2024)


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What is Daqin Railway Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Daqin Railway Co's current share price is ¥7.23. Daqin Railway Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.68. Daqin Railway Co's Cyclically Adjusted Price-to-FCF for today is 10.63.

The historical rank and industry rank for Daqin Railway Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:601006' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8   Med: 12.62   Max: 34.93
Current: 10.58

During the past years, Daqin Railway Co's highest Cyclically Adjusted Price-to-FCF was 34.93. The lowest was 8.00. And the median was 12.62.

SHSE:601006's Cyclically Adjusted Price-to-FCF is ranked better than
69% of 429 companies
in the Transportation industry
Industry Median: 17.79 vs SHSE:601006: 10.58

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Daqin Railway Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.033. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ¥0.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daqin Railway Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Daqin Railway Co's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Daqin Railway Co Cyclically Adjusted Price-to-FCF Chart

Daqin Railway Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.85 8.98 8.83 9.38 10.53

Daqin Railway Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.94 10.69 10.46 10.53 10.77

Competitive Comparison of Daqin Railway Co's Cyclically Adjusted Price-to-FCF

For the Railroads subindustry, Daqin Railway Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Daqin Railway Co's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Daqin Railway Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Daqin Railway Co's Cyclically Adjusted Price-to-FCF falls into.



Daqin Railway Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Daqin Railway Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.23/0.68
=10.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Daqin Railway Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Daqin Railway Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.033/115.2271*115.2271
=0.033

Current CPI (Mar. 2024) = 115.2271.

Daqin Railway Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.227 98.200 0.266
201409 0.478 98.900 0.557
201412 -0.104 99.000 -0.121
201503 0.054 99.900 0.062
201506 0.315 99.500 0.365
201509 0.223 100.500 0.256
201512 -0.037 100.600 -0.042
201603 -0.082 102.200 -0.092
201606 0.014 101.400 0.016
201609 0.133 102.400 0.150
201612 0.145 102.600 0.163
201703 0.116 103.200 0.130
201706 0.285 103.100 0.319
201709 0.399 104.100 0.442
201712 0.187 104.500 0.206
201803 0.139 105.300 0.152
201806 0.081 104.900 0.089
201809 0.475 106.600 0.513
201812 0.052 106.500 0.056
201903 0.124 107.700 0.133
201906 0.109 107.700 0.117
201909 0.295 109.800 0.310
201912 0.128 111.200 0.133
202003 -0.054 112.300 -0.055
202006 0.164 110.400 0.171
202009 0.426 111.700 0.439
202012 0.155 111.500 0.160
202103 0.218 112.662 0.223
202106 0.258 111.769 0.266
202109 0.255 112.215 0.262
202112 0.129 113.108 0.131
202203 0.027 114.335 0.027
202206 0.208 114.558 0.209
202209 0.461 115.339 0.461
202212 -0.215 115.116 -0.215
202303 0.181 115.116 0.181
202306 0.057 114.558 0.057
202309 0.343 115.339 0.343
202312 -0.035 114.781 -0.035
202403 0.033 115.227 0.033

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Daqin Railway Co  (SHSE:601006) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Daqin Railway Co Cyclically Adjusted Price-to-FCF Related Terms

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Daqin Railway Co (SHSE:601006) Business Description

Traded in Other Exchanges
N/A
Address
No. 14 Zhanbei Street, Shanxi, Datong, CHN, 037005
Daqin Railway is a state-owned rail-transport operator in China. The company's core asset, Daqin Line, and its 41%-owned Shuohuang Line, are China's busiest east-west coal railways. Their combined volume accounts for about one quarter of China's railway coal volume. Coal rail-transport contributes the bulk of Daqin's operating profit. Daqin also hauls other bulk and non-bulk freight and provides passenger rail service.
Executives
Yang Hong Ming Director

Daqin Railway Co (SHSE:601006) Headlines

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